GWN Securities Inc. Increases Position in SPDR Gold MiniShares Trust $GLDM

GWN Securities Inc. boosted its holdings in SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 25.1% during the second quarter, Holdings Channel.com reports. The firm owned 7,432 shares of the company’s stock after acquiring an additional 1,490 shares during the quarter. GWN Securities Inc.’s holdings in SPDR Gold MiniShares Trust were worth $487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $28,000. Asset Planning Inc purchased a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at approximately $29,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at approximately $29,000. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $31,000. Finally, Beacon Capital Management LLC purchased a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at approximately $38,000.

SPDR Gold MiniShares Trust Trading Down 0.7%

NYSEARCA:GLDM opened at $78.39 on Wednesday. The company’s 50 day moving average price is $74.89 and its 200-day moving average price is $69.07. SPDR Gold MiniShares Trust has a 52 week low of $50.67 and a 52 week high of $86.75.

SPDR Gold MiniShares Trust Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.